Kroger’s Store Brands and Overall Net Income Spike
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June 29, 2009
CEO David Dillon: Kroger's store-brands comprised 35 percent of all units sold in the quarter, while sales of national name-brand groceries declined slightly but at a slower rate compared to the last six months of 2008. Fiscal first-quarter net income rose 12.7 percent, due primarily to cost controls.
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